IXYS Corp. (IXYS) Sees Large Volume Increase
IXYS Corp. (NASDAQ:IXYS) shares saw strong trading volume on Monday . 121,008 shares traded hands during trading, a decline of 11% from the previous session’s volume of 136,071 shares.The stock last traded at $10.91 and had previously closed at $10.77.
Separately, TheStreet raised IXYS Corp. from a “hold” rating to a “buy” rating in a research note on Friday, March 18th.
The stock has a market cap of $342.70 million and a price-to-earnings ratio of 23.74. The company has a 50 day moving average of $10.68 and a 200 day moving average of $11.13.
IXYS Corp. (NASDAQ:IXYS) last issued its quarterly earnings results on Thursday, May 26th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.16 by $0.10. During the same period in the previous year, the business posted $0.24 EPS. The company had revenue of $79.80 million for the quarter, compared to the consensus estimate of $75.51 million. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, equities research analysts expect that IXYS Corp. will post $0.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 24th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, June 22nd. This represents a $0.16 annualized dividend and a dividend yield of 1.47%.
Several institutional investors recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of IXYS Corp. by 7.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,998,284 shares of the company’s stock valued at $25,239,000 after buying an additional 146,856 shares during the last quarter. Royce & Associates LLC boosted its position in shares of IXYS Corp. by 2.0% in the fourth quarter. Royce & Associates LLC now owns 1,789,173 shares of the company’s stock worth $22,597,000 after buying an additional 34,473 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of IXYS Corp. by 25.9% in the fourth quarter. GSA Capital Partners LLP now owns 189,099 shares of the company’s stock worth $2,388,000 after buying an additional 38,877 shares in the last quarter. Shell Asset Management Co. acquired a new position in shares of IXYS Corp. during the fourth quarter worth about $1,024,000. Finally, LSV Asset Management boosted its position in shares of IXYS Corp. by 5.3% in the fourth quarter. LSV Asset Management now owns 996,352 shares of the company’s stock worth $12,583,000 after buying an additional 50,356 shares in the last quarter.
IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, advanced mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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